The
success of the Kaplan Group is due to 28 years of real estate
development experience. The company is responsible for some
of the most lucrative real estate expansions throughout
Hawaii, Las Vegas and Orlando Florida. Understanding land
acquisition, marketing practices and legal details have
made TKG a highly sought after advisor.

Hawaii

In
1982 Michael Kaplan co-founded Consolidated Resorts.
The company acquired condominiums within the Imperial
Hawaii Resort in 1984, which they developed and marketed
as timeshares. It was very successful at selling Waikiki
projects, which allowed the purchase of a beachfront
28, two-bedroom condominiums on the island of Maui
in 1987. It all proved to be a highly successful project.
The condos were purchased for 4.5 million and then
sold as timeshares for 30 to 40 million. The first
project on the island of Maui helped Kaplan secure
a number of other projects. Kaplan opened a sales
campaign and secured other marketing campaigns. Over
the next 8 or 9 years he developed 9 resorts in Hawaii
with 7 of the resorts on the island of Maui, one on
the Big Island and their newest on the island of Kauai.

Las
Vegas

With Kaplan as Chairman of Consolidated Resorts, the
company was able to secure a five-acre parcel in Las
Vegas about two miles from the MGM hotel on Tropicana
Blvd. This was a project of 86 condos, which is now
known as Club De Soleil. Additional parcels nearby
were secured, adding another 78 units in a second
phase for a total of 164 condos. It was such a success
that another parcel of land was acquired only a mile
away from the MGM hotel on Tropicana Blvd. The second
Las Vegas Resort called Tahiti was a 93-unit timeshare
project that brought the company more success.

The
Tahiti resort was followed by The Tahiti Village,
which is located on 26 acres on the south end of Las
Vegas Boulevard. This consisted of a number of small
parcels that were owned by 7 different individuals.
The 26 acres were assembled by Kaplan from individual
owners for the amount of $20 million and then the
value of the property went up to a total of $100 million
at the time just from being able to have that large
of a parcel on the Vegas strip after the land was
consolidated. Kaplan was able to assemble a massive
timeshare project with over 500 condominiums.

Orlando
Florida

Kaplan’s massive success in Hawaii and Las Vegas
led to Orlando Florida, which was a natural market
for timeshare. A developer in Orlando was struggling
to sell his condominium projects. Consolidated Resorts
bought a large portion of those condominiums, which
were called Regal Palms. They were registered as a
timeshare project and marketed it in Orlando Florida
with equal success.